Robert is a partner of the Private Funds Group and a member of the Corporate Department. He is a seasoned practitioner with over 20 years of experience counseling managers and advisers of private funds on regulatory matters, as well as regulatory issues related to the formation and operation of private equity, credit, real estate, infrastructure, hedge and other private funds.
Rob has a deep knowledge of the market practice of asset managers and in particular, as it relates to Advisers Act-related issues. From some of the largest and most sophisticated firms in the global asset management industry to start-ups and mid-sized firms, Rob’s experience includes a wide spectrum of funds and asset classes across their life cycles. Rob regularly advises on matters in connection with: U.S. investment adviser registration and regulation; Advisers Act and other U.S. securities law issues relating to the formation, marketing and offering of private funds; Identifying and managing conflicts of interest, and addressing related Advisers Act risks, SEC examinations, and exam readiness preparation; Design and implementation of investment adviser compliance policies and procedures; U.S. regulatory issues relating to purchases and sales of investment advisory businesses (minority stake and control stake transactions, buy-side and sell-side representations); Advisers Act and other U.S. regulatory issues relating to private fund restructurings and recapitalizations, strip sales, continuation fund formations and similar transactions; Advisers Act issues relating to the formation of SPACs by investment advisers; and, Investment Company Act status analyses of private fund structures, investment transaction structures and other non-registered investment company structures.
Rob has been recognized by his clients and peers for his extraordinary work, gaining various accolades including mentions in preeminent directories such as The Legal 500. He is also very active within the private funds industry, contributing to numerous publications and collaborating on several speaking engagements.
Prior to joining Proskauer, Rob was a partner in the Investment Funds Group at Kirkland & Ellis.
More Legal and Business Bylines From Robert H. Sutton
- U.S. District Court in Alabama Finds the Corporate Transparency Act Unconstitutional - (Posted On Wednesday, March 06, 2024)
- FINRA Proposes to Amend Rule 2210 to Permit Projected Performance and Targeted Returns in Institutional Communications - (Posted On Tuesday, December 05, 2023)
- The Countdown Starts: Compliance Dates Set for Private Fund Adviser Rules - (Posted On Thursday, September 14, 2023)
- Second Circuit Holds That the Syndicated Term Loans in Kirschner Are Not Securities - (Posted On Tuesday, August 29, 2023)
- SEC Adopts Private Fund Adviser Rules - (Posted On Thursday, August 24, 2023)
- Are Syndicated Term Loans Securities? The SEC Declines to Weigh in on Kirschner - (Posted On Wednesday, August 02, 2023)
- Question of the Week: What is the most significant regulatory change you expect to see this year and why? - (Posted On Friday, April 14, 2023)
- In Continuation of Longstanding Focus on Cybersecurity, SEC Proposes Significant Amendments to Regulation S-P - (Posted On Wednesday, April 05, 2023)
- SEC Revisits Regulation S-P After Twenty Years of Innovation to Information Technology - (Posted On Wednesday, April 05, 2023)
- SEC Examinations in 2023 to Focus on “Riskier Private Funds” and New Marketing Rule - (Posted On Thursday, February 16, 2023)